How did the Pinar-gozu zinc mine perform in 2017?

The project was very successful, generating a profit of US$1.58 million in 2017, and we became the highest tax-paying company in the mining sector in Adana. We employ over 200 people, both locals and expats, and our operation is considered a role model. Our success can be attributed to our team, our ore resources, good planning and strategy, and the completion of our NI 43-101 report. Additionally, favorable zinc prices have contributed to our success.

What is the strategy for the Pinar-gozu zinc mine going forward?

 Our strategy is to expand our zinc operation by acquiring more land and making joint ventures with other companies. We plan to increase our production next year, and we are also actively engaged in exploration. We are currently drilling 20,000 meters underground and at the surface, using various techniques such as satellite imagery and GIS to define the resource, which has been key to our success.

What safety standards does Pasinex have in place, considering the impact of the Soma mine disaster on the mining sector?

 Pasinex has several safety standards in place to ensure a safe work environment. Firstly, we use semi-mechanized mining during the development and stoping phase. Additionally, we have a zero-tolerance approach to safety, health, and the environment, and our employees are required to report any incidents, accidents, or near-misses immediately. We have safety managers, engineers, and a surveillance monitoring system working underground. We continuously train and educate our labor force, and we have established a safety culture that applies both local and international standards. Fortunately, we have had no fatalities so far, and we hope to continue this trend. Continual safety awareness is critical and is discussed at the beginning and end of every shift.

 What is your outlook for the Turkish mining industry and foreign investment?

 I am optimistic about the future of mining in Turkey, given the pro-mining government and support from the mining department MIGEM. Turkey has the potential to attract more mining and foreign investments, which can build a better future for all involved. Turkey is located on the Tethyan Metallogenic Belt and has everything from gold and base metals to coal, although there may not be a huge world-class deposit. Foreign investors are crucial to develop more mining projects in Turkey, bringing technologies, human resources, guidelines, and education. Thanks to foreign mining companies, Turkey now has more skilled mining professionals and technical persons, making it the largest gold producer in Europe. Pasinex’s mission is to become the largest base metal company in Turkey, and we hope to contribute to the growth of the Turkish mining industry.